SNAP Benefits Recipients in Montgomery County, NC
CBR37123NCA647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,461.00
Year-over-Year Change
-18.92%
Date Range
1/1/1989 - 1/1/2022
Summary
This economic trend tracks the number of recipients of Supplemental Nutrition Assistance Program (SNAP) benefits in Montgomery County, North Carolina. It is an important indicator of food insecurity and economic hardship at the local level.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The SNAP Benefits Recipients in Montgomery County, NC metric measures the total number of individuals in this county who receive federal SNAP food assistance. This data provides insight into the economic well-being and social support needs of low-income residents.
Methodology
The data is collected through state and county-level reporting of SNAP enrollment and participation.
Historical Context
Policymakers and social service providers use this metric to understand trends in food assistance program utilization and allocate appropriate funding and resources.
Key Facts
- SNAP provides food assistance to low-income individuals and families.
- Montgomery County is a rural county in central North Carolina.
- The SNAP participation rate can indicate economic hardship in a local area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals in Montgomery County, North Carolina who receive benefits from the federal Supplemental Nutrition Assistance Program (SNAP).
Q: Why is this trend relevant for users or analysts?
A: The SNAP benefits metric provides insight into food insecurity and economic hardship at the local level, which is useful for policymakers, social service providers, and researchers.
Q: How is this data collected or calculated?
A: The data is collected through state and county-level reporting of SNAP enrollment and participation.
Q: How is this trend used in economic policy?
A: Policymakers and social service providers use this metric to understand trends in food assistance program utilization and allocate appropriate funding and resources.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or limitations in how it captures the full scope of food insecurity in the county.
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Citation
U.S. Federal Reserve, SNAP Benefits Recipients in Montgomery County, NC (CBR37123NCA647NCEN), retrieved from FRED.